I'm not a finacial genious or I wouldn't have invested as much money in auto repair. But I have found over time that buying ones building is much cheaper and in the long run about all one will take from the business.
We paid off our first building 13 years ago and are most of the way through our second. We rent the first to another shop who has wanted to buy but the cost of the mortage land taxes etc keep him paying rent. if he had bought 13 years ago he would have something now. As it stands his business is only a job.
Bosch Master, ASE Master, L1
33 years MB technician